Business

The nation’s paramount nuclear power trade group has launched a wide-ranging strategy to help generators stay profitable in tight markets, the head of the Nuclear Energy Institute (NEI) told Wall Street analysts on April 12. In an address broadcast on Facebook, Maria Korsnick, NEI president and CEO, said that nuclear plants that operate in competitive […]

Santee Cooper executives doubted SCANA Corp.’s ability to properly manage the V.C. Summer nuclear expansion project for years before the project was ultimately abandoned in July 2017, according to an article published by The Post and Courier, a Charleston, S.C., newspaper. Santee Cooper—a state-run utility—partnered with SCANA as owners of the project; SCANA holds a […]

Project includes six SGT-A35 aeroderivative offshore gas turbine packages Contract includes a long-term service agreement Siemens Power and Gas, including its Dresser-Rand business, received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for MODEC’s Sépia floating production, storage, and offloading (FPSO) vessel. The vessel, which is […]

SAN FRANCISCO, California (April 11, 2018) – Pattern Energy Group LP (Pattern Development) today announced the completion of its 147-MW Mont Sainte-Marguerite Wind power facility. Mont Sainte-Marguerite Wind is located approximately 50 kilometers south of Québec City, in the Chaudière-Appalaches region. As announced in June 2017, the facility will be acquired by Pattern Energy Group […]

MIYAGI, Japan (April 11, 2018) —GE Power recently successfully delivered and commissioned its Brilliance Solar Inverters to Pacifico Energy Osaki GK for the 40.32-megawatt alternating current (AC) mega-solar project in Furukawa, Japan. GE’s Brilliance Solar Inverters meet the customer’s requirements both for reliability and cost competitiveness. Along with the inverters, GE also supplied ring main units […]

The company has been awarded an EPC contract for the entire project, which will encompass a wind farm with 56 turbines and a 20 MW / 34 MWh lithium-ion (Li-ion) battery. Siemens Gamesa Renewable Energy (SGRE) has been commissioned to build a pioneering wind complex in Australia, which will combine the installation of a wind […]

A report from groups including the United Nations environmental arm and Bloomberg New Energy Finance (BNEF) shows renewable energy installations were responsible for 61% of the world’s net power capacity additions in 2017, more than double the new-builds from fossil fuel-powered generation. The Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF, the […]

Tennessee Valley Authority (TVA) CEO Bill Johnson in an exclusive interview with POWER suggested that the power industry continues to face an uncertain future.  Johnson said that during his 40-year career, he has seen more change in the last five years than in the previous 35 combined. Several indicators imply that will continue going forward. […]

MINNEAPOLIS (April 5, 2018) – Xcel Energy is continuing to transition its fleet to carbon-free energy in the Upper Midwest  with the addition of the Foxtail Wind Energy Center located in Dickey County in south-central North Dakota. The 150-megawatt wind farm is part of the company’s vision to achieve 85 percent clean energy by 2030 by […]

Data from regional transmission organization (RTO) PJM Interconnection shows about 630 MW of power generation will be taken offline in the grid operator’s territory in April, with more than 3,600 MW scheduled to be retired this year, according to the organization’s website. This month’s deactivations are scheduled to begin April 16. Last week, Ohio power […]